Alex Patelis
Economy
Greece Credit Rating Raised to Investment Grade by DBRS
Rating agency DBRS Morningstar lifted Greece’s credit rating to investment-grade status to triple B on Friday following recent upgrades of other international agencies.
DBRS said the upgrade reflected its view that, in line with Greece’s “impressive” record, “the Greek authorities...
Greece
Greece Recovery Fund Amount for 2021 Doubled by EU
The European Union’s Recovery and Resilience fund will give Greece 7.5 billion euros ($9.1 billion) in 2021, which is almost double the amount Greece initially expected to receive.
Alex Patelis, the chief economic adviser to Prime Minister Kyriakos Mitsotakis gave...
Business
Greece in Talks With London-Based Banks for Relocation to Athens
The Greek government revealed on Friday that it is in discussions with three London-based banks regarding their possible relocation to Athens following the official exit of the UK from the European Union in January.
Speaking to Bloomberg TV, Alex Patelis,...
Business
Greece Hopes to Entice "Digital Migrants" with 50% Tax Break
With an eye toward encouraging smart young Greeks who left the country for greener pastures during the economic crisis to return home, the Greek government has a new plan that would make the prospect hard to resist. But the...